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Middlesex
3 Algonquin Road
$350,000
● House - Off Market

3 Algonquin Road

Chelmsford, MA 01824
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,700 Ft²
$801,416
RealtyHop Estimate
108.16%
Since Jan 1, 2013
MA-Boston
Primary Model

About This Property

Wonderful 2,700 square feet of living ~ Home awaits your arrival~ Spacious 5 Bedroom Home in Chelmsfords desirable Farms Neighborhood.  Home nestled on lovely lot!  This home offers a Gas Fireplaced Living Room, Dining Room, Family room w/pocket doors.  2 Large Bedrooms upstairs w/Hardwood Flooring, potential for expansion in the attic area w/additional 400sq feet. 1 Car Garage and Irrigation System This home has been maintained by the same family for 52 years.
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$143
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #71438439)

Price History

Date / Event Date Event Price
Dec 21, 2012 Sold
Premium
Sold
Sep 21, 2012 Listed by CENTURY 21 Landmark Realty $385,000
Listed by CENTURY 21 Landmark Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,000
  • Total Building Area: 2,359
  • Gross Building Area: 3,887
  • Building Area: 2,359
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,359
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000620
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Chelmsford School District
  • School Tax School District: CHELMSFORD SD
  • Census Tract: 317103

Geography

  • Account Number: 6847
  • Parcel: CHEL M:0120 B:0465 L:8
  • Block: 465
  • Lot: 8
  • Municipality: CHELMSFORD
  • Latitude: 42.5702
  • Longitude: -71.3376

    Address

  • Full Address: 3 Algonquin Rd
  • Address - House Number: 3
  • Address - Street Name: Algonquin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: C018
  • 4-Digit Zip Code: 4731
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $740,500

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 702,767
  • High Value: 825,364
  • Low Value: 580,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $515,300
  • Assessed Land Value: $318,000
  • Assessed Improvements Value: $197,300

    Sales

  • Current Sale Recording Date: Dec 21, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000006
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Middlesex

Stats & Trends

Median Asking:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71438439

Frequently Asked Questions

When was property at 3 Algonquin Road built and last sold?
The property at 3 Algonquin Road was built in 1960 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 3 Algonquin Road is $386,665.
What are some comparable homes to 3 Algonquin Road?
There are currently no comparable homes to 3 Algonquin Road.
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